Massachusetts Mutual Life Insurance

Courtesy of Massachusetts Mutual Life
  • Previous Rank
    76
  • Revenues ($M)
    37788
  • Revenue Percent Change
    -1.2
  • Profits ($M)
    1273.5
  • Profits Percent Change
    -10.6
  • Assets ($M)
    271040
  • Employees
    11737
  • Market Value — as of March 31, 2017 ($M)

After growing its financial advisor continued to expand its workforce. In 2016 it bought rival MetLife's network of 4,000 life insurance agents for $300 million, helping it boost annual sales by 14% and pushing it up the Fortune 500 list. Low interest rates and market volatility were hazards for the company and its peers, but the Springfield, Mass. company ended its fiscal 2016 with record sales ($11.4 billion in retirement plans alone) and $675 billion in assets under management, up $33 billion from 2015.

Company Info

CEORoger W. Crandall
CEO TitleChairman, President & Chief Executive Officer
SectorFinancials
IndustryInsurance: Life, Health (Mutual)
HQ LocationSpringfield, MA
Websitewww.massmutual.com
Years on Fortune 500 List23
Employees11,737

Key Financials (Last Fiscal Year)

Revenues ($M)$37,788
Profits ($M)$1,273.5
Assets ($M)$271,040
Total Stockholder Equity ($M)$15,424
Market Value — as of March 31, 2017 ($M)-

Profit Ratios

Profit as % of Revenues3.4%
Profits as % of Assets0.5%
Profits as % of Stockholder Equity8.3%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)-
EPS % Change (from 2015)-
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-

Total Return

Total Return to Investors (2016)-
Total Return to Investors (5 year, annualized)-
Total Return to Investors (10 year, annualized)-